Fast Growing Chicago Startup Circleit Lands $5.1M In Funding For Groundbreaking Generational Platform

Sep 02, 2021•almost 4 years ago

Amount Raised

$5.1 Million

Chicago

Description

CircleIt®, a futuristic technology that gives users the ability to send cards, media and gifts to loved ones across time, announced today it has secured $5.1M in series A funding. This series A round is driven by CircleIt founder Art Shaikh with participation from TeleSoft Partners, a Silicon Valley venture capital firm led by Arjun Gupta, and private investor Connor Crown. To date, TeleSoft has raised over $1 billion in capital and invested in 100+ technology companies and is eager to help CircleIt soar to new heights.

Company Information

Company

Circleit

Location

Chicago, Illinois, United States

About

CircleIt, available in App Store and Google Play was inspired by the story of a unique gift left from beyond the grave. The family of CircleIt founder, Art Shaikh, was left with gifts from his father to be delivered after he passed. "My father left us a box full of handmade cards, treasured memories, meaningful trinkets, candid stories and cultivated wisdom – meant to be shared among family and stored for future generations." CircleIt was built to replicate this unique gift he left behind for his family – a gift that continually reminds his family of his love and allows him to be there to celebrate milestones and inspire future generations even after he was gone. Shaikh shares that "CircleIt was built for my mother to help carry on his legacy. Built so that others can experience the joy it has given all of us. Built in memory of my father, Arif Shaikh." CircleIt, founded in 2018, is a Chicago-based startup with 21 employees. Shaikh previously worked at Salesforce, leaving the company mid 2020, to dedicate his life to delivering CircleIt to the world. For more information, visit https://circleit.com/